The example of a corporation merging with another company is known as an- B. ultra vires act.
What is an ultra vires act?An ultra vires act occurs when a company exceeds its legal authority or powers. If an act is ultra vires, it is unlawful and cannot be enforced. An ultra vires act, however, will often be valid if it falls under the company's implied powers. This term is typically used in company law to describe an act that is beyond a company's object or scope of business.
What is the meaning of Istari Investigations?Istari Investigations is a corporation that uses magic as a supplement to traditional detective work in order to help private citizens with their personal problems. Istari has the ability to enter into contracts and purchase or rent property in order to support its corporate purpose.
The Istari Board voted in favor of the merger, which is considered as an ultra vires act because the merger falls beyond Istari's stated purpose or scope of business.
Hence, option b. is correct.
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3-5 sentences on information about Economics.
Answer:
go online to do it it will be better
On average, how much money do you spend per week?
Answer:
id say anywhere from 0-10 dollars
Explanation:
how many questions are on the math section of the ACT test
Answer:
isnt it usually 60?
Explanation:
An amount of cash that a business keeps on hand for small payments or purchases is
called:
A a cash advance
B Petty cash
C a debit card
D an electronic funds transfer
Write out the formulas, with the numbers filled in, to solve the following problems. For (a) and (b), the market interest rate is 6.20%. You do not have to do the actual calculations for (a) through (c), but (d) requires a calculation. (a) Find the price of a 10-year bond (par = $1,000) with an annual coupon of 5.80%. Is this bond at a premium or discount? Explain briefly. (6 points). (b) Find the price of a 10-year bond (par = $1,000) with a coupon of 6.80%, paid monthly. (4 points). (c) Find the yield to maturity of a 10-year bond (par = $1,000) with an annual coupon of 6.80% and a price of $956.32. (4 points). (d) Calculate the effective annual return of the bond in (b).
(a) Price of the 10-year bond:
Price = (Coupon payment / Market interest rate) * [1 - (1 / (1 + Market interest rate)^(Number of periods))] + (Par value / (1 + Market interest rate)^(Number of periods))
(b) Price of the 10-year bond with monthly coupon payments:
Price = (Coupon payment / Monthly market interest rate) * [1 - (1 / (1 + Monthly market interest rate)^(Number of periods))] + (Par value / (1 + Monthly market interest rate)^(Number of periods))
(c) Yield to maturity of the 10-year bond:
Yield to maturity = [Coupon payment + (Par value - Price) / Number of periods] / [(Par value + Price) / 2]
(d) Effective annual return of the bond with monthly coupon payments:
Effective annual return = (1 + Monthly market interest rate)^(Number of periods) - 1
(a) The formula to find the price of a 10-year bond (par = $1,000) with an annual coupon of 5.80% is used to calculate the present value of the future cash flows from the bond. By plugging in the given coupon rate, par value, and market interest rate, the formula provides the price of the bond. If the calculated price is higher than the par value, the bond is at a premium. If it is lower, the bond is at a discount.
(b) The formula to find the price of a 10-year bond with a coupon of 6.80%, paid monthly, is similar to the previous formula but considers the monthly market interest rate. By adjusting the market interest rate to a monthly rate and applying it to the formula, the price of the bond with monthly coupon payments can be determined.
(c) The yield to maturity of a 10-year bond is the rate of return that investors would earn if they hold the bond until maturity. The formula takes into account the annual coupon payment, price, and par value to calculate the yield to maturity.
(d) The effective annual return of a bond with monthly coupon payments is the rate of return that accounts for compounding over the course of a year. The formula uses the monthly market interest rate and the number of periods to calculate the effective annual return.
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people with a orientation toward time tend to view time more holistically and will often interrupt a task to talk to a friend which means that many times things are not finished ""on time."" group of answer choices capitalist monochronic regional polychronic
The orientation toward time that involves viewing time more holistically and being willing to interrupt a task to talk to a friend is known as polychronic.
Polychronic refers to an orientation toward time where individuals tend to have a flexible approach to time and prioritize relationships and interactions over strict adherence to schedules. People with a polychronic orientation view time as fluid and are comfortable with multitasking and engaging in multiple activities simultaneously. They are more likely to interrupt a task to engage in social interactions or address other immediate needs.
In contrast, individuals with a monochronic orientation view time in a linear and sequential manner, valuing punctuality and adhering to schedules. They prioritize completing one task at a time before moving on to the next. This orientation is more common in capitalist societies where efficiency and productivity are emphasized. To sum up, the orientation toward time that involves interrupting tasks to talk to a friend and not completing things "on time" is polychronic.
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Management and cleanup of pollution at public beaches in Galveston from the Deepwater Horizon accident in 2010 were the responsibility of the land commissioner, while the handling and quarantine of mysterious seeds that appeared in Texas mailboxes from China in 2020 were the responsibility of the agriculture commissioner.
The management and cleanup of pollution at public beaches in Galveston from the Deepwater Horizon accident in 2010 was the responsibility of the land commissioner while the handling and quarantine of mysterious seeds that appeared in Texas mailboxes from China in 2020 were the responsibility of the agriculture commissioner.
It is the responsibility of the land commissioner to manage and clean up the pollution caused by the Deepwater Horizon accident. On April 20, 2010, the Deepwater Horizon rig exploded, causing a massive oil spill that impacted the Gulf of Mexico. A total of 210 million gallons of oil spilled, making it the largest marine oil spill in history. The spill caused significant damage to the Gulf Coast's environment and its economies, including Texas.
The land commissioner worked with other government agencies, non-governmental organizations, and the private sector to accomplish this task. Some speculated that the seeds were part of a bioterrorism plot, while others believed that they were part of an agricultural scam. The agriculture commissioner worked with other state and federal agencies to investigate the seeds and to prevent any potential harm to the environment or agriculture. They advised people not to plant the seeds and to report any suspicious packages to the authorities.
As a result of their efforts, the packages were identified as part of a "brushing" scam, where vendors send unsolicited items to boost their sales numbers.
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Suppose+tyrone+spends+his+entire+income+on+books+and+clothing.+if+the+prices+of+both+books+and+clothing+fall+by+10%,+which+of+the+following+statements+is+true?
If the prices of both books and clothing fall by 10%, Tyrone's budget constraint will shift outward. This is because he can now afford to buy more of both goods with his income.
Here is an explanation:
Budget constraint: A budget constraint shows all the combinations of goods that a consumer can afford to buy with a given income. It is represented by a line in a graph, with the price of one good on the x-axis and the price of the other good on the y-axis.Inward shift: An inward shift of the budget constraint means that the consumer can afford to buy less of both goods. This can happen if the consumer's income decreases or if the prices of both goods increase.Outward shift: An outward shift of the budget constraint means that the consumer can afford to buy more of both goods. This can happen if the consumer's income increases or if the prices of both goods decrease.In this case, Tyrone's income is not changing, but the prices of both goods are decreasing. This means that he can now afford to buy more of both goods, so his budget constraint will shift outward.
The following statements are also true:
Tyrone can now buy more books and more clothing.Tyrone's purchasing power has increased.Tyrone's satisfaction with his consumption bundle may increase or decrease, depending on his preferences.To learn more about Tyrone click here; brainly.com/question/31933891
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The amount businesses have left after paying their rent, interest on debt, and employee costs is called profits.
True
False
Answer:
Answer above mine is incorrect, real answer is TRUE
Explanation:
what was the primary performance–expectations gap in the case?
The discrepancy between corporate performance and stakeholder expectations is explained by the term "performance-expectations gap," which is defined in the book. Concerns from the stakeholders, in particular the Indian state of Kerala, claimed that the TCCC was eroding groundwater and creating goods with pesticide residue.
What is Stakeholder?Any individuals or groups that are affected, either positively or negatively, by a venture, initiative, policy, or organisation are considered stakeholders. They could be internal (individuals working for your company) or external (people outside of your organisation). Together with those who should be involved in making choices, your stakeholder definition must also include organisations and individuals that advocate for certain interests, such as NGOs and environmental organisations. The project itself may be significantly impacted by some stakeholders, which will determine how much it will succeed or fail. Yet, not all stockholders are equally important; some are peripheral, while others may have a bigger impact on or be more affected by the project.
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It is said that there are a number of steps in designing an effective service system which include a) Establishing procedures to be followed in case of service failure b) Identifying failure-prone areas can be enabled by a service blueprint technique c) Obtaining feedback from the customers and continuous review of service delivery d) Defining and incorporating service standards and explicitly communicating them to the customers e) Empowerment enabled through training and other HR practices List them in the right order.
Answer is in a file below
cutt.us/tWGpn
HELP ASAP 100 POINTS WILL MARK BRAINLIEST IF CORRECT
Submit your 500-word essay describing the career you have chosen, a five-day schedule of this career, and the advantages and disadvantages of the work schedule that you have created.
A person's career is very important in their life. Whatever career path you choose will have a significant impact on your life. In addition to your lifestyle, your career will define your social standing. In other words, your social circle and relationships will be determined by your career.
Career Analysis Essay
As a result, it is critical to select the appropriate career path. We all want to be someone or something from a young age. Some people want to be doctors, while others want to be painters. Many factors influence our career choices. As a result, it is critical to consider all factors before deciding on a career path.
How Should You Choose a Career?
Before deciding on a career, you must consider several factors. Each factor weighs heavily on your decision. To begin, always thoroughly assess yourself. To choose a career, you must first understand your area of interest. Someone who can dance well, for example, can certainly become a doctor, but his passion will always be dance. As a result, ensure that you have the aptitude to succeed in the field of your choice. This will come from your field of study.
Following that, you look for opportunities in your field of interest. You can easily find occupations that match your passion now that you know what you like and dislike. Make a list of occupations that are related to your interests. Reduce the length of your prepared list. You must do so by your preferences. Make informed decisions by consulting with your seniors and parents.
Most importantly, learn the skills required for the career path you wish to pursue. Make certain you have the necessary qualifications and degrees. Take training programs to improve your skills. This will give you an advantage in determining whether you are correct in your career choice
How to Achieve Your Professional Objectives
There are steps you must take before you can achieve your career goal. Success, as they say, does not happen overnight. To achieve your objectives, you must work along the way. If you have the will, there is always hope. To begin, create profiles on various job portals to catch the attention of potential employers. You will be able to get good career opportunities if you keep your profile up to date.
Furthermore, keep your network up to date. Create a strong network and sources in the field. This way, you can stay up to date on the latest industry news. Additionally, try to attend any seminars or workshops that are related to your career choice. You will meet influential people in your field who will broaden your perspective.
To summarize, always remember to remain determined. If you put your mind to it, you can easily achieve your career goals. In other words, people are prone to easily distracting themselves. You must refrain from doing so and instead concentrate on your career path to accomplish your objectives efficiently.
What does indigenous technology mean?
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
can someone recommend me some research topics for economics.would really appreciate if it is in a list
Explanation:
here are some research topics for economics::
1. The effect of income changes on consumer choices
2. The effect of labor force participation on the economy and budget – A comparison
3. The impact of marital status on the labor force composition: A case of [your country] economy
4. The difference in the consumption attitude in [your country] over the last decade – Critical analysis of consumer behavior trends
5. The relationship between salary levels and ‘economic convergence’ in [your country]?
6. Analyzing salary inequalities in [your country] and the forces behind such inequalities.
7. The evolution of consumption in [your country] over the last 10 years: Trends and consumer behavior.
8. Dynamics of the Gini index as a reflection of the problem of inequality in income
9. Cashless economy: The impact of demonetization on small and medium businesses
10 Privatization of Public Enterprises and its implications on economic policy and development
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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1. if you were hired as a consultant to develop these kpis for wd, how would you assess what kpis they should be measuring? in general, what areas of service and cost would these kpis address? be sure to include both internal and customer kpis. 2. what kpis would you recommend for the manufacturing facility? why? 3. what kpis should be used at the distribution center? why? 4. how would you measure the revenue and profit impacts of these new kpis?
By following this process, it becomes possible to directly link the improvement of specific KPIs to increased revenue and profit for the company.
1. As a consultant, to develop KPIs for WD, I would first assess their current business objectives and priorities. Then, I would identify areas of service and cost that need improvement, and finally, I would develop both internal and customer-focused KPIs.
Internal KPIs could address:
- Employee productivity
- Equipment efficiency
- Process optimization
Customer-focused KPIs could address:
- On-time delivery
- Customer satisfaction
- Quality of products/services
2. For the manufacturing facility, I would recommend KPIs such as:
- Overall Equipment Effectiveness (OEE): to measure equipment productivity and identify areas for improvement
- Production output: to track the number of products produced within a specific period
- First-pass yield: to assess the quality and efficiency of the production process
These KPIs help identify areas for optimization and ensure a high-quality output.
3. For the distribution center, I would recommend KPIs such as:
- Order accuracy rate: to measure the percentage of orders delivered without errors
- Order cycle time: to assess the time taken from order receipt to order fulfillment
- Inventory turnover: to track how quickly inventory is sold and replaced
These KPIs focus on improving efficiency, reducing errors, and managing inventory effectively.
4. To measure the revenue and profit impacts of these new KPIs, I would:
- Establish a baseline: Determine the current revenue and profit figures before implementing the new KPIs
- Set targets: Define specific, achievable targets for each KPI that align with desired revenue and profit growth
- Monitor progress: Regularly track the performance of each KPI and analyze how improvements in these areas are impacting revenue and profit
- Adjust strategy: If necessary, adjust the focus of certain KPIs or introduce new ones to better support the desired financial outcomes
By following this process, it becomes possible to directly link the improvement of specific KPIs to increased revenue and profit for the company.
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Calculating a customer's _____ entails estimating their future purchases based on past purchases, adding in the value of referrals, and subtracting the cost of maintaining the relationship.
Calculating a customer's lifetime value entails predicting their future purchases using their past purchase history, factoring in the value of referrals, and deducting the costs of maintaining the relationship.
The lifetime value of a customer (CLV) is an essential metric that helps companies determine the total value a customer brings to their business over time. To calculate CLV, a company needs to analyze the customer's past purchasing history, determine the likelihood of future purchases, and estimate the referral value.
Additionally, the company must also consider the cost of maintaining the relationship with the customer, such as marketing, customer service, and operational expenses.
By understanding the CLV, companies can make informed decisions on how much to spend on acquiring and retaining customers, as well as which customers are most valuable to their business.
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Which factor would credit card companies most likely use to determine a applicant's creditworthiness?
A. Political ideology
B. Number of children
C. Occupation and salary
D. Race and ethnicity
A factor that is used to determine an applicant's creditworthiness is occupation and salary.
What determines an applicant's creditworthiness?An applicant's creditworthiness is the measure of the ability to be able to repay a debt. The creditworthiness is determined by occupation and salary and faithfulness with repaying previous debts. A credit score is usually used to indicate credit worthiness.
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The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:
There are different ways to share shares. The shares can be sold immediately.
In a sale of shares, a company's shareholders often sell the shares that is entitling ownership of the company to a specific buyer. In the transaction, all the rights and responsibilities that pertains to the ownership of shares are transferred to the buyer.
Note that as long as the 6-month holding period needed has fulfilled on the restricted shares, and therefore, when they are donated, the charity can sell the shares immediately. There is therefore no need for another 6-month holding period be taken again.
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The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:
A. immediately
B. after holding the securities for an additional 3 months
C. after holding the securities for an additional 6 months
D. after holding the securities for an additional 1 year
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Which one of the following is a type of equity security that has a fixed dividend and a priority status over other equity securities? A. Senior bond B. Debenture C. Warranty D. Common stock E. Preferred stock
The type of equity security that has a fixed dividend and a priority status over other equity securities is Preferred stock. Preferred stockholders are paid their dividends before common stockholders and in the event of a company's liquidation, preferred stockholders have a higher priority in receiving their share of the proceeds.
Preferred stock is often issued by companies as a way to raise capital without diluting the ownership rights of existing common stockholders. To elaborate, preferred stockholders receive a fixed dividend before any dividends are distributed to common stockholders. Additionally, in the event of a company's liquidation, preferred stockholders have a higher priority claim on the company's assets than common stockholders. This makes preferred stock a more secure investment compared to common stock.
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What are 10 things that makes a business a disruptor? (must have 10 reasons cannot be the same)
Some of the things that make a business a disruptor are:
Unstable expectationsIrregular business modelsInconsistenciesComplex business modelsComplex ecosystemsLack of job satisfactionWhat is a Business Disruptor?This refers to the factors that disrupt the normal flow of a business due to inconsistencies, etc.
Hence, we can see that based on the fact that for an effective business to run, it needs to have good vision and mission statements that are clear and easy to follow.
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Ahkem is considering buying a new car. He has narrowed his choices down to two models. On a sheet of paper, he begins writing down the positive characteristics of each car and the negative characteristics of each car. He will be using this list to help guide his final decision. In this example, Ahkem is using __________. automatic thinking illogical thinking self-fulfilling thinking controlled thinking
Ahkem is using a controlled thinking when he wrote down the characteristics of each car to help guide his final decision.
What is a controlled thinking?A controlled thinking refers to a kind of thinking process that is slow and sequential which requires effortful attention.
Hence, the controlled thinking is used by him because It allows to reason effectively and come to general conclusion.
Therefore, the Option E is correct.
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Which tasks are commonly done by employees in the Energy cluster? Check all that apply.
installing equipment
performing inspections
interpreting technical plans
manufacturing gauges
designing systems
following schedules
gathering information
Answer:
Installing equipment, designing systems, gathering information
The tasks that are commonly done by employees in the energy cluster include installing equipment, designing system, and gathering information.
Energy cluster simply means civil law agreements between the entities which is aimed at bringing efficiency with regards to energy usage.
It should be noted that the tasks that are commonly done by employees in the energy cluster include installing equipment, designing system, and gathering information.
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Question Content Area Comprehensive Problem 3-1 Ken (birthdate July 1, 1990) and Amy (birthdate July 4, 1992) Both have brought you the following information regarding their income, expenses, and withholding for the year. They are unsure which of these items must be used to calculate taxable income. Income: Ken's salary (salesman) $38,900 Amy's wages (part-time nurse) 17,600 Insurance reimbursement for repairs from an auto accident 500 Gift from Uncle George 2,000 Interest income from Lodge State Bank 910 Federal income taxes withheld: From Ken's salary 2,800 From Amy's wages 650 Amy owns and operates a computer bookstore named "The Disk Drive". The store is located at 2000 Broadway Street, Menomonie, WI 54751. During 2021, Amy had the following income and expenses: Sales of books $321,400 Expenses Store rental 16,000 Office expense 6,075 Advertising 11,710 City business license 1,050 Payroll 83,500 Payroll taxes 8,400 Utilities 8,000 Other 3,000 Beginning inventory $75,000 Purchases 191,000 Ending inventory 80,000 Amy treats inventory as non-incidental materials and supplies. This year, Amy loaned a friend $10,000 so that he could make an investment. Instead of making the investment, the friend lost all the money gambling and left for parts unknown. Amy has no hope of ever collecting on this bad debt. Ken, who ordinarily never gambles, won $10,600 at a casino birthday party for one of his friends. The Booths provide the sole support for Ken's parents, Rod (Social Security number 124-80-8050) and Mary (Social Security number 489-37-6673) Booth, who live in their own home. Ken and Amy live at 2345 Wilson Avenue, Menomonie, WI, 54751, and their Social Security numbers are 343-75-3456 (Ken) and 123-45-7890 (Amy). Ken and Amy can claim a $500 other dependent credit for each parent. Ken and Amy received a $5,600 EIP in 2021. Required: Complete the Booth's Form 1040 and the related schedules and forms provided. Assume the taxpayers had full-year health coverage and neither taxpayer wants to contribute to the presi
The items that are not included in taxable income are the gift from Uncle George of $2,000, the $500 Other Dependent Credit for Ken and Amy's parents.
What is George ?George is a popular given name of Greek origin, derived from the Greek word γεωργός, geōrgos, meaning "farmer, earthworker, or husbandman." It is used in many countries and languages, and it is also a royal name, associated with kings and princes. George is the patron saint of England and a wide variety of other places and organizations, and is often used as a symbol for good luck.
Ken and Amy's taxable income would include the following items:
1. Ken's salary of $38,900 and Amy's wages of $17,600.
2. Insurance reimbursement for repairs from an auto accident of $500.
3. Interest income from Lodge State Bank of $910.
4. Income from Amy's computer bookstore, "The Disk Drive" including
sales of books for $321,400 and expenses for store rental, office expense, advertising, city business license, payroll, payroll taxes, utilities, and other expenses of $123,635.
5. The bad debt of $10,000 that Amy loaned a friend.
6. Gambling winnings of $10,600 from Ken.
7. The $5,600 Economic Impact Payments (EIP) received by Ken and Amy.
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Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can grow either 5 bushels of corn or 50 bushels of oats per year. There are 20 workers in Cornland and 20 workers in Oatland. If the two countries do not trade, Cornland will produce and consume 400 bushels of corn and 100 bushels of oats, while Oatland will produce and consume 60 bushels of corn and 400 bushels of oats. If each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by
Answer:
see. I hope it's helpful for you lolExplanation:
i need friend lol can you my friendWhat is Jack doing to ensure savings for a new car?
Answer:
Could you add more context?
Explanation:
Answer:
He could be putting the money into the bank.
Explanation:
Liang Company began operations in Year 1. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows.
Year 1:
Sold $1,346,200 of merchandise (that had cost $976,400) on credit, terms n/30.
Wrote off $20,700 of uncollectible accounts receivable.Received $670,500 cash in payment of accounts receivable.
In adjusting the accounts on December 31, the company estimated that 2.00% of accounts receivable would be uncollectible.
Year 2:
Sold $1,599,900 of merchandise (that had cost $1,304,800) on credit, terms n/30.
Wrote off $28,300 of uncollectible accounts receivable.
Received $1,219,300 cash in payment of accounts receivable.
In adjusting the accounts on December 31, the company estimated that 2.00% of accounts receivable would be uncollectible.
Required:
Prepare journal entries to record Liang’s Year 1 and Year 2 summarized transactions and its year-end adjustments to record bad debts expense.
Answer:
General Journal
Debit
Credit
a(1)
Accounts receivable
$1,349,100
Sales
$1,349,100
a(2)
Cost of goods sold
$977,100
Merchandise inventory
$977,100
b
Allowance for doubtful accounts
$18,100
Accounts Receivable
$18,100
c
Cash
$669,200
Accounts Receivable
$669,200
d
Bad Debt
Expense
[Refer working note 1]
$35,307
Allowance for doubtful accounts
$35,307
e(1)
Accounts receivable
$1,514,600
Sales
$1,514,600
e(2)
Cost of goods sold
$1,299,000
Merchandise inventory
$1,299,000
f
Allowance for doubtful accounts
$26,700
Accounts Receivable
$26,700
g
Cash
$1,110,700
Accounts Receivable
$1,110,700
h
Bad Debt
Expense
[Refer working note 2]
$36,507
Allowance for doubtful accounts
$36,507
.
.
Working note 1 - Computation of bad debt expense for the
year 1
Accounts receivables beginning balance
$0
Add: Credit sales
$1,349,100
Less: Collections
($669,200)
Less: Write-off's
($18,100)
Accounts receivables ending
balance
(a)
Question 4 of 20
A marketing plan includes a number of factors, including the marketing mix.
What is the marketing mix?
OA. The variables of product, price, place, and promotion
OB. Using names and symbols to identify the company's products
OC. How the company intends for customers to view its product
relative to the competition
D. A plan for spending money
SUBMIT
The marketing mix refers to a set of variables or factors that a company can use to influence its customers' perception of its products or services. These variables are commonly known as the four Ps of marketing: product, price, place, and promotion. The correct option is option a.
Product refers to the physical or intangible item that a company is selling. This includes features, design, quality, and branding. Price refers to the amount that a customer must pay to obtain the product. It includes factors such as discounts, pricing strategies, and payment terms. Place refers to the distribution channels that a company uses to deliver its products or services to customers. This includes the location of the stores, the methods of delivery, and the inventory management systems.
Promotion refers to the communication activities that a company uses to promote its products or services. This includes advertising, public relations, personal selling, and sales promotion. The marketing mix is an essential tool for companies to develop and implement their marketing strategies effectively. By understanding the four Ps, a company can tailor its marketing efforts to suit the needs and wants of its target customers. The correct option is a.
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JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
what do growth in standard of living, low unemployment, low inflation, and a sustainable balance of trade all share in common?
The thing that growth in standard of living, low unemployment, low inflation and sustainable balance of trade have in common is the main universal goals of macroeconomic policy.
Macroeconomic policy are those adopted economic policies which aims to ensures a stable economic environment that is conducive to bring strong and sustainable economic growth
So, the thing that growth in standard of living, low unemployment, low inflation and sustainable balance of trade have in common is the main universal goals of macroeconomic policyTherefore, the Option A is correct.
Missing options includes "A.main universal goals of macroeconomic policy B. lack of diversity in undeveloped countries in the World C. microeconomic policy goals of developed countries D. microeconomic policy goals of undeveloped countries"
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